NamRA celebrates International Customs Day at Oshikango

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The Namibia Revenue Agency joined the global customs community in commemorating International Customs Day at Oshikango border post in Ohangwena region. 

NamRA's Commissioner Sam Shivute says NAMRA chose to make the day at Oshikango, because it's a major hive of business activity.

NamRa confiscated cocaine valued at N$5,1 million

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The Namibia Revenue Agency on Sunday confiscated cocaine valued at N$5,1 million at the Hosea Kutako International Airport, and a 40-year-old South African national has been arrested in connection with the incident.

Tax morality and compliance rate very low in Namibia- Sam Shivute

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Namibia Revenue Agency's (NamRA) Commissioner, Sam Shivute says tax morality and the compliance rate among Namibians are very low.

Shivute, together with other NamRA officials, visited Otjiwarongo to engage stakeholders on tax, customs, and excise matters in the Otjozondjupa Region.  

No end to BoN, Trustco tussle

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The fight between Trustco and the Bank of Namibia is far from over, as the two were again involved in a tit-for-tat this week, with a judgement against the central bank and a fresh application by the latter to have Trustco Bank liquidated.